140 1St St Hackensack, MN 56452
- Commercial real estate
- 1,791 SF
Current Use by Public Records
- Commercial real estate
Property Details for 140 1St St
- Property size
- 1,791 SF
- Property type
- Commercial real estate
- APN
- 89-337-0640
- APU
- 893370640
Description
This exceptional investment opportunity in Hackensack, MN, presents a thriving restaurant business, a profitable duplex, and a billboard lease – all in one package! The 3,890 square foot property includes a well-established pizza restaurant, complete with all equipment, retail shelving, and inventory. The restaurant is renowned for its delicious pizza, extensive selection of retro candy, and unique gift offerings. Significant expansion potential exists, thanks to a large patio and ample outdoor space. Adding to the income stream is a duplex featuring two one-bedroom, three-quarter bathroom units, each with its own charm. A convenient attached two-car garage and shared laundry room cater to the tenants' needs. The property's prime location across from the city park and Birch Lake, adjacent to an ice cream shop and brewery, creates a vibrant and family-friendly atmosphere. The included billboard lease south of town provides additional passive income. This unique combination of established business, rental income, and prime location offers a compelling investment opportunity with substantial upside. The 0.01-acre lot provides ample space for the existing buildings and outdoor areas. This is a rare chance to acquire a turnkey operation with immediate cash flow and significant growth potential in a thriving community. Don't miss this chance to own a piece of Hackensack's vibrant business scene.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hackensack
- County
- Cass
- State
- Minnesota
- Longitude
- -94.5219
- Latitude
- 46.9299
- CBSA code
- 14660
- CBSA name
- BRAINERD, MN MICROPOLITAN STATISTICAL AREA
